July Core Inflation climbs to 3.1% (excl Food/Energy).

Show us yer stats then
Donald Trump's administration prioritized revitalizing American manufacturing, implementing policies like the 2017 Tax Cuts and Jobs Act (TCJA) which included measures designed to encourage domestic investment.
Key policies and their impact on manufacturing investment
  • Tax Cuts and Bonus Depreciation: The TCJA reduced the corporate tax rate and allowed 100% bonus depreciation for new equipment, aiming to lower costs for businesses and incentivize investments in plants and equipment. This led to increased capital investment and domestic economic growth.
  • Trade Tariffs: The Trump administration imposed tariffs on imported goods, particularly from China, seeking to protect domestic industries and encourage companies to shift production back to the US. The impact of these tariffs varied across sectors, potentially benefiting domestic competitors while increasing costs for businesses reliant on foreign materials or global supply chains. Some companies shifted production to the US or explored nearshoring in response to these tariffs.
  • Focus on Key Industries: The administration aimed to boost manufacturing in sectors like semiconductors, pharmaceuticals, and rare earth materials, considered vital for national security.
  • Encouraging Reshoring: The administration actively sought to persuade foreign companies to invest in US manufacturing, as demonstrated by the stated commitments from companies like Taiwan Semiconductor Manufacturing Company, Hyundai, Nissan, Honda, and Siemens.
Evidence of manufacturing investment under Trump
  • Numerous companies announced new investments or expansions of existing facilities in the US during Trump's term and leading up to the current administration. These include companies across various sectors like automotive, technology, healthcare, and consumer goods.
  • Examples include Johnson & Johnson's $55 billion investment in manufacturing, research and development, and technology, Roche's $50 billion investment in US-based manufacturing and research and development, and Bristol Myers Squibb's $40 billion investment in research, development, technology, and US-based manufacturing operations.
  • Foreign direct investment in the US manufacturing sector also saw contributions from countries like Japan and Germany.
Different perspectives
While the administration highlighted these investments as a sign of manufacturing revitalization, some analyses offer differing perspectives:
  • Some sources suggest that the Trump administration's policies, particularly tariffs, might have contributed to job losses in certain manufacturing sectors.
  • Others emphasize that the impact of technology and automation has played a significant role in limiting manufacturing job growth, despite increased output.
  • Studies have shown that manufacturing job growth plateaued even before the COVID-19 pandemic during Trump's first term, and over 200,000 manufacturing jobs were lost during this period.
In conclusion, the Trump administration actively pursued policies aimed at stimulating manufacturing investment in the US. While this led to significant investments from various companies, the overall impact on manufacturing employment and the economy is subject to ongoing debate and requires careful consideration of various factors like technological advancements and global economic conditions. Google
 
Donald Trump's administration prioritized revitalizing American manufacturing, implementing policies like the 2017 Tax Cuts and Jobs Act (TCJA) which included measures designed to encourage domestic investment.
Key policies and their impact on manufacturing investment
  • Tax Cuts and Bonus Depreciation: The TCJA reduced the corporate tax rate and allowed 100% bonus depreciation for new equipment, aiming to lower costs for businesses and incentivize investments in plants and equipment. This led to increased capital investment and domestic economic growth.
  • Trade Tariffs: The Trump administration imposed tariffs on imported goods, particularly from China, seeking to protect domestic industries and encourage companies to shift production back to the US. The impact of these tariffs varied across sectors, potentially benefiting domestic competitors while increasing costs for businesses reliant on foreign materials or global supply chains. Some companies shifted production to the US or explored nearshoring in response to these tariffs.
  • Focus on Key Industries: The administration aimed to boost manufacturing in sectors like semiconductors, pharmaceuticals, and rare earth materials, considered vital for national security.
  • Encouraging Reshoring: The administration actively sought to persuade foreign companies to invest in US manufacturing, as demonstrated by the stated commitments from companies like Taiwan Semiconductor Manufacturing Company, Hyundai, Nissan, Honda, and Siemens.
Evidence of manufacturing investment under Trump
  • Numerous companies announced new investments or expansions of existing facilities in the US during Trump's term and leading up to the current administration. These include companies across various sectors like automotive, technology, healthcare, and consumer goods.
  • Examples include Johnson & Johnson's $55 billion investment in manufacturing, research and development, and technology, Roche's $50 billion investment in US-based manufacturing and research and development, and Bristol Myers Squibb's $40 billion investment in research, development, technology, and US-based manufacturing operations.
  • Foreign direct investment in the US manufacturing sector also saw contributions from countries like Japan and Germany.
Different perspectives
While the administration highlighted these investments as a sign of manufacturing revitalization, some analyses offer differing perspectives:
  • Some sources suggest that the Trump administration's policies, particularly tariffs, might have contributed to job losses in certain manufacturing sectors.
  • Others emphasize that the impact of technology and automation has played a significant role in limiting manufacturing job growth, despite increased output.
  • Studies have shown that manufacturing job growth plateaued even before the COVID-19 pandemic during Trump's first term, and over 200,000 manufacturing jobs were lost during this period.
In conclusion, the Trump administration actively pursued policies aimed at stimulating manufacturing investment in the US. While this led to significant investments from various companies, the overall impact on manufacturing employment and the economy is subject to ongoing debate and requires careful consideration of various factors like technological advancements and global economic conditions. Google
108167554-1751546112209-FyDW7-u-s-unemployment-rate.png
 
According to the numbers, under Trump in 2025 UE is increasing from the Biden era.
 
Trump has not reduced the debt or deficit...
IN just 7 months. By the end of his term the deficit will be zero. Massive spending cuts tariffs and n increase in tax revenues will be much more than needed
 
Have doubts about numbers..
BUT
These AI DATA CENTERS
ARE A HUGE drain on energy.. and ARE raising OUR utility bills.
They have LOTS OF $$$ Build their own?
 
LOL....Hardly the "gloom-n-doom" that was predicted all weekend from dem backed tariff-freakout "experts". :laughing0301:

According to the then tariffs was gonna drive inflation through the roof!

We got the paltry .1% increase beyond expectations due to housing and used car increases and it had shit all to do with tariffs.

Gee, it looks as if Powell was wrong again....He should have already cut 50 basis points with another 100 basis points come next month. Housing interest rates are too damn high.

Good thing I don't pay the OP any mind on money matters. ;)

:oops8:

1755018921232.webp
 
Looks like a climb in core inflation again for the underlying prices.

"underlying inflation, tracked by a “core” measure that strips out volatile food and energy prices, jumped 0.3 percent over the course of the month, or 3.1 percent on a year-over-year basis."

"Underlying U.S. inflation sped up in July as President Trump’s tariffs raised costs for American companies."


Yes, pretty much everyone agrees that inflation came in better than expected.
 
Well, the markets seemed to like today's economic news:

Dow Index
44,458.61
+ 483.52
1.10%
S&P 500 Index
6,445.76
+ 72.31
1.13%
NASDAQ Index
21,681.90
+ 296.50
1.39%
 
Well, the markets seemed to like today's economic news:

Dow Index
44,458.61
+ 483.52
1.10%
S&P 500 Index
6,445.76
+ 72.31
1.13%
NASDAQ Index
21,681.90
+ 296.50
1.39%
Unprecedented times. History shows that during exceptional shocks like COVID or sudden policy disruptions (e.g., big tariffs, surprise rate changes, wars), the stock market behaves more like a coincident or even lagging indicator than a leading one. Generally the market is a leading indicator but I’d suggest it is not right now. Only a guess though. I’ve been wrong on market trajectory half the time.
 
Looks like a climb in core inflation again for the underlying prices.

"underlying inflation, tracked by a “core” measure that strips out volatile food and energy prices, jumped 0.3 percent over the course of the month, or 3.1 percent on a year-over-year basis."

"Underlying U.S. inflation sped up in July as President Trump’s tariffs raised costs for American companies."


If we exclude liberals we're a much more sane people.
 
Biden passed on a 2.7% core inflation rate. Just like Trump passed a 6% unemployment rate and not his 15% peak unemployment rate.

Why you don't count any things that people buy, Biden's inflation was low. In reality, prices on everything doubled during the AutoPen Administration
 
15th post
If we exclude liberals we're a much more sane people.
Sure. Aren’t you the group who was never mandated to get a vaccine but still claims that it was the single greatest affront in your pathetic lives? Talk about insanity. You’ve convinced yourself Jan 6 was a celebration of democracy. You’ve convinced yourself Trumps profiteering really doesn’t matter. You’ve convinced yourself that Trump’s overstepping of his power doesn’t matter because you like who suffers. At the end of the day ya’ll are nuts.
 
Sure. Aren’t you the group who was never mandated to get a vaccine but still claims that it was the single greatest affront in your pathetic lives? Talk about insanity. You’ve convinced yourself Jan 6 was a celebration of democracy. You’ve convinced yourself Trumps profiteering really doesn’t matter. You’ve convinced yourself that Trump’s overstepping of his power doesn’t matter because you like who suffers. At the end of the day ya’ll are nuts.
NOPE.. no reason to read further, lib-speak.
 
Looks like a climb in core inflation again for the underlying prices.

"underlying inflation, tracked by a “core” measure that strips out volatile food and energy prices, jumped 0.3 percent over the course of the month, or 3.1 percent on a year-over-year basis."

"Underlying U.S. inflation sped up in July as President Trump’s tariffs raised costs for American companies."


:oops8: :oops8: :oops8: :oops8:


Another citygator thread fail.



 
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